New investors for Canes
The Hurricanes havewelcomed newoverseas investors in a bid to expand their brand around the globe. Y11 Sport & Media, a global investment group specialising in sport, has acquired a 25% stake in the Hurricanes and Richardmansell has secured 12.5%, the Wellington-based Super Rugby franchise announced yesterday. Mansell is the director of the Horowhenua-kāpiti Rugby Football Union and the chief executive of Coastlands Mall. The Hurricanes are sixth in the inaugural Super Rugby Pacific competition.